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CloudCoCo Group First Half 2024 Earnings: UK£0.002 loss per share (vs UK£0.002 loss in 1H 2023)

CloudCoCo Group (LON:CLCO) First Half 2024 Results

Key Financial Results

  • Revenue: UK£14.3m (up 11% from 1H 2023).

  • Net loss: UK£1.08m (loss widened by 1.7% from 1H 2023).

  • UK£0.002 loss per share (in line with 1H 2023).

earnings-and-revenue-history
earnings-and-revenue-history

All figures shown in the chart above are for the trailing 12 month (TTM) period

CloudCoCo Group shares are down 7.1% from a week ago.

Risk Analysis

Before you take the next step you should know about the 2 warning signs for CloudCoCo Group that we have uncovered.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com